The Sensex has comfortably settled itself above 35000.However the test now lies in conquering Mt.35500.
Allow the Sensex to consolidate in the 35000-35500 before proceeding towards 36000 and newer Life High's.
The near term outlook is optimistic and the short term outlook is bullish.
Use any dips till 35145 to stock-up on your longs.The optimistic and bullish outlook will change for
the worse only with a close below 35063.Keep 35063 as a SL for all existing and newer longs.
| Date | 11-Jun-18 | |
| Index | Sensex | Nifty |
| S2 | 35,362 | 10,742 |
| S1 | 35,396 | 10,752 |
| Previous Close | 35,443.67 | 10,767.65 |
| R1 | 35,553 | 10,800 |
| R2 | 35,629 | 10,823 |
| Fair Value | 31,855 | 9,676 |
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